Labour’s first policy commitment, after 3 years of waiting, is more spending on housing benefit, funded by a tax on pensions and more borrowing. That sums up Labour’s record in office and shows it’s still the same old Labour.

Despite promising ‘discipline’ on borrowing, Ed Miliband has shown he is too weak to deliver.

Nothing has changed – it’s the same old Labour. And hardworking people would pay the price through higher taxes and higher mortgage rates.

In a survey of more than 2,000 adults, 79 per cent of Labour supporters said they wanted the policy scrapped, while 65 per cent of voters planning to support the Liberal Democrats in 2015 wanted it to be dropped.